Premium Nickel Drills 30.45m of 2.88% NiEq and 9.55m of 3.94% NiEq at Selebi North Underground
"These are excellent results that add additional definition to the multiple zones that comprise the historic resource at the Selebi-North deposit. Importantly, they extend beyond the historic resource estimate, highlighting new mineralization between the N2 and N3 folds not captured in the historic resource." "Furthermore, recent borehole electromagnetic survey results from underground drillholes indicate that the mineralized zones extend further down plunge from the deepest mineralized intersections drilled to date." - CEO, Keith MorrisonToronto, Ontario--(Newsfile Corp. - January 30, 2024)...
2024-01-30 8:00 AM EST
Premium Nickel Reports Assays at Selebi North Underground
15.30 metres of 2.96% NiEq (1.84% Ni; 1.85% Cu; 0.10% Co)Incl. 8.45 metres of 3.07% NiEq (2.15% Ni; 1.40% Cu; 0.11% Co)Toronto, Ontario--(Newsfile Corp. - January 18, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground ("SNUG") mine in Botswana. Previous results for 16 holes were released, November 14, November 27 and December 19, 2023, respectively. Results...
2024-01-18 8:00 AM EST
Premium Nickel Announces Appointment of James Gowans as New Board Chairman
Toronto, Ontario--(Newsfile Corp. - January 2, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce the appointment of Mr. James (Jim) Gowans as a Director and as new independent Chairman of the Board of the Company, effective as of January 1, 2024. Jim Gowans, is a seasoned corporate director and brings over three decades of expertise as a senior executive in the mining industry, with notable roles at Debswana Diamond Company...
2024-01-02 8:00 AM EST
Premium Nickel Reports Assays and Extension of Historic Resource at Selebi North Underground
10.45 metres of 1.45% NiEq (0.48% Ni; 1.82% Cu; 0.02% Co)"Most recently, drillhole SNUG-23-017, while being extended to be used as an underground BHEM platform, intersected N2 Limb mineralization 180 metres down-plunge of the wire frame of the historic resource. This intersection confirms that mineralization continues to depth beyond the bottom of the legacy resource."- CEO, Keith MorrisonToronto, Ontario--(Newsfile Corp. - December 19, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to...
2023-12-19 8:00 AM EST
Premium Nickel Resources Ltd. Announces Closing of Previously Announced Equity and Debt Financing Package of $21.6 Million
Toronto, Ontario--(Newsfile Corp. - December 14, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (the "Company") is pleased to announce the closing of its previously-announced equity and debt financing package of approximately $21.6 million, comprised of:Brokered Private Placement: $15,760,040 pursuant to a "best efforts" private placement offering of 13,133,367 common shares of the Company (the "Common Shares") at a price of $1.20 per Common Share (the "Offering").Amended Term Loan: $5,882,353 loan pursuant to an am
2023-12-14 3:38 PM EST
Premium Nickel Resources Ltd. Announces Upsize to Previously-Announced Equity Financing
Toronto, Ontario--(Newsfile Corp. - December 4, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) (the "Company") is pleased to announce, further to its news release issued on December 3, 2023, that the Company, together with Cormark Securities Inc., on behalf of BMO Capital Markets, as co-lead agent, and a syndicate of agents (collectively, the "Agents"), have agreed to increase the size of their previously-announced "best efforts" private placement of common shares of the Company (the "Common Shares")...
2023-12-04 6:59 PM EST
Premium Nickel Resources Ltd. Announces Proposed $20 Million Equity and Debt Financing Package
$14.1 Million Brokered Private Placement of Common SharesIncrease in Existing Term Loan with Cymbria Corporation by $5.9 Million to $20.9 MillionToronto, Ontario--(Newsfile Corp. - December 3, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) (the "Company") is pleased to announce a proposed equity and debt financing package of $20 million, comprising:Brokered Private Placement: a "best efforts" private placement offering of 11,765,000 common shares of the Company (the "Common Shares") at a price of $1.20 per Common Share for...
2023-12-03 8:30 PM EST
Premium Nickel Resources Ltd. Announces Pending Appointment of New Board Chair
Toronto, Ontario--(Newsfile Corp. - November 30, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce the pending appointment of James (Jim) Gowans as a Director and as independent Chair of the Board of the Company.Jim Gowans is a corporate director. He has over 30 years of experience as a senior executive in the mining industry, including holding executive positions at Debswana Diamond Company in Botswana, DeBeers SA, DeBeers Canada Inc., PT...
2023-11-30 3:15 PM EST
Premium Nickel Reports Assays from Selebi North Underground Drilling
Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to report additional assay results from drilling at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North underground ("SNUG") mine in Botswana. Results have been previously released for six holes (see news release dated November 14, 2023 and entitled "Premium Nickel Resources Ltd. Reports Initial Assays from Selebi North Underground Drilling in Botswana"), and results for a further six holes...
2023-11-27 8:00 AM EST
Premium Nickel Resources Ltd. Reports Initial Assays from Selebi North Underground Drilling in Botswana
Toronto, Ontario--(Newsfile Corp. - November 14, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to report initial assay results from drilling at its past-producing nickel-copper-cobalt sulphide ("Ni-Cu-Co") Selebi North mine in Botswana. In reporting the 50+ drill holes over the coming months, we expect to report a range of results as certain drill holes will target the centers of mineralization while others will focus on defining the limits of mineralization. Highlights...
2023-11-14 8:00 AM EST
Premium Nickel Resources Ltd. Announces Results of Annual General and Special Shareholders' Meeting
Toronto, Ontario--(Newsfile Corp. - September 21, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to report on the results of the Annual General and Special Meeting (the "Meeting") of shareholders held on September 20, 2023. All proposed resolutions, each described in the notice of the meeting of the Company dated August 3, 2023 and herein, were approved by the shareholders of the Company. The shareholders ratified and approved the number of directors at six...
2023-09-21 4:39 PM EDT
Premium Nickel Resources Ltd. Announces Results of Recent Metallurgical Testing of Samples from Selebi and Selkirk Mines
Toronto, Ontario--(Newsfile Corp. - September 13, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to announce the results of recent metallurgical testing of the Company's 100% owned nickel, copper, cobalt, platinum-group elements ("Ni-Cu-Co-PGE") Selkirk project and the nickel, copper, cobalt Selebi project, both of which are located in Botswana.The Selkirk Ni-Cu-Co-PGE deposit, located 75 kilometres north of PNRL's flagship Selebi Mine in Botswana, is a near surface deposit that has been extensively drilled by...
2023-09-13 8:20 AM EDT
Premium Nickel Resources Ltd. Announces Filing of Q2 2023 Interim Condensed Consolidated Financial Statements
Toronto, Ontario--(Newsfile Corp. - August 29, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces today that the Company's unaudited interim financial statements and related management's discussion and analysis ("MD&A") for the three and six months ended June 30, 2023 have been filed on SEDAR+ (www.sedarplus.ca) and are available on the Company's website at http://www.premiumnickel.ca.Selected Financial InformationThe following amounts are derived from the Company's unaudited condensed interim consolidated financial statements prepared under IFRS.
2023-08-29 11:41 AM EDT
Premium Nickel Resources Ltd. Provides Update on Selebi Mines Project
Toronto, Ontario--(Newsfile Corp. - August 16, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to provide an update on the ongoing activities and progress at its 100% owned Selebi nickel-copper-cobalt ("Ni-Cu-Co") sulphide mines in Botswana. The Company has commenced the second phase of a focused strategy to develop the past-producing Selebi North and Selebi Main mines (together, the "Selebi Mines") with the initial objective of defining a mineral resource estimate on the Selebi Mines...
2023-08-16 8:20 AM EDT
Premium Nickel Resources Ltd. Announces Grants of Stock Options
Toronto, Ontario--(Newsfile Corp. - August 9, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") announces that, effective August 8, 2023, it has granted to certain directors, officers, employees and/or consultants of the Company and/or its subsidiaries an aggregate of 3,783,277 stock options of the Company ("Options") pursuant to the stock option plan of the Company, which includes an aggregate of 725,000 Options issued to Peter Rawlins, the newly-appointed Senior Vice-President and Chief Financial Officer of the...
2023-08-09 1:18 AM EDT
Premium Nickel Resources Ltd. Announces Management and Board Changes
Toronto, Ontario--(Newsfile Corp. - August 8, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce the following senior management appointments:Peter Rawlins as Senior Vice-President and Chief Financial Officer of the Company; Sean Whiteford as President, Premium Nickel Resources International Ltd., an indirect wholly-owned subsidiary of the Company which indirectly owns the Company's Botswana mines; andKeith Morrison as Chair of the Board in addition to his current role as Chief Executive Officer...
2023-08-08 1:34 PM EDT
Premium Nickel Resources Ltd. Announces Closing of Financing Transactions Totalling Approximately CAD$34 Million
Toronto, Ontario--(Newsfile Corp. - June 28, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce that it has closed its previously announced financing with Cymbria Corporation (TSX: CYB) ("Cymbria"), EdgePoint Investment Group Inc. and certain other entities managed by it ("EdgePoint"), for aggregate gross proceeds of CAD$33,999,200. The financing included three concurrent and inter-conditional transactions (collectively the "Financing Transactions") comprised of an equity offering of units, a three year term loan...
2023-06-28 3:34 PM EDT
Premium Nickel Resources Ltd. Announces Financing Transactions Totalling Approximately CAD$34 Million
Toronto, Ontario--(Newsfile Corp. - June 13, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce a financing with Cymbria Corporation (TSX: CYB) ("Cymbria" or "CYB"), EdgePoint Investment Group Inc. and certain entities managed by it ("EdgePoint") for aggregate gross proceeds to PNRL of CAD$33,999,200. The financing will include three concurrent and inter-conditional transactions (collectively the "Financing Transactions").Equity FinancingPNRL and Cymbria have entered into a binding term sheet dated June 12, 2023...
2023-06-13 8:54 AM EDT
Premium Nickel Resources Ltd. Announces Appointment to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") is pleased to announce the appointment of Mr. Jason LeBlanc to its Board of Directors effective immediately.Mr. LeBlanc has over 20 years of financial, business and capital markets experience in the mining industry. Most recently, he was the Chief Financial Officer of Yamana Gold Inc. from 2017 to 2023, following successively senior roles with Yamana since 2006 that included debt...
2023-05-15 3:46 PM EDT
Premium Nickel Resources Ltd. Announces Extension of Warrants Issued in April 2021
Toronto, Ontario--(Newsfile Corp. - April 13, 2023) - Premium Nickel Resources Ltd. (TSXV: PNRL) (OTCQX: PNRLF) ("PNRL" or the "Company") announces that the Company has made an application to the TSX Venture Exchange to extend to October 16, 2023 the expiry date of a total of 643,299 common share purchase warrants of the Company (collectively, the "Subject Warrants"), which are scheduled to expire on April 16, 2023. Each of the Subject Warrants entitles the holder thereof to purchase one common...
2023-04-13 8:30 AM EDT